Pertamina Geothermal's (PGEO) Profits Drop 14% in 2025

Akbar Ridwan 13/03/2026 16:20 WIB

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PT Pertamina Geothermal Energy Tbk (PGEO) achieved a profit of US$137.70 million in 2025, a decrease of 14% (year-on-year).

The revenue and profit of PT Pertamina Geothermal Energy Tbk/PGEO (2024-2025)

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Pertamina Geothermal's (PGEO) Profits Drop 14% in 2025

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The revenue and profit of PT Pertamina Geothermal Energy Tbk/PGEO (2024-2025)

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PT Pertamina Geothermal Energy Tbk (PGEO) recorded a profit attributable to the parent entity of US$137.70 million in 2025.

This profit plummeted by 14.20% year-on-year (yoy), with PGEO's net profit in 2024 amounting to US$160.49 million.

PGEO's profit declined despite its revenue increasing by 6.29% (yoy) to US$432.73 million in 2025.

Their revenue was supported by the sale of steam and electricity to PT PLN Indonesia Power and PLN, totaling US$415.42 million, an increase of 6.37% (yoy).

PGEO's revenue from third-party production allowances also rose by 4.32% (yoy) to US$17.31 million.

However, their operating expenses surged by 19.76% (yoy) to US$199.66 million.

As of December 31, 2025, PGEO recorded assets of US$3.03 billion, an increase of 1.23% (yoy).

Their assets consisted of liabilities that rose by 0.02% (yoy) to US$988.89 million, and equity that grew by 1.83% (yoy) to US$2.05 billion.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."